About Piyush Palace Private Limited
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Piyush Palace Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 14 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U55101GJ2007PTC050826. Its GSTIN is 24AAECP2488C1ZL (Gujarat).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Kulinchandra Patel and Piyushkant Jashvantlal Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 – 305 Kalash Part – II Near Jain Temple B/H Navrangpura Post Office Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹70,930, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹2.62 Cr and EBITDA of -₹70.23 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 51% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹39 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piyushpalace.com.
Company details
Contact details
Piyush Palace Private Limited's registered office is in Ahmedabad, Gujarat. Its website is piyushpalace.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address304 – 305 Kalash Part – II Near Jain Temple B/H Navrangpura Post Office Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Piyush Palace Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Piyush Palace is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Piyush Palace Private Limited, buy the company report.
Financials of Piyush Palace Private Limited
FY 2025 filings availablePiyush Palace Private Limited reported revenue of ₹70,930 (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 77% fall in the latest year. EBITDA rose 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹70.23 Lakh | ||||
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| Net Profit (PAT) | -₹2.62 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Piyush Palace Private Limited, buy the company report.
Board of directors of Piyush Palace Private Limited
Piyush Palace has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulinchandra Patel | Director | 16 May 2007 | 19 Years 5 Months | Current |
| Piyushkant Jashvantlal Patel | Director | 14 May 2007 | 19 Years 5 Months | Current |
| Bhupendrakumar Shankerlal Prajapati | Director | 14 May 2007 | 19 Years 5 Months | Current |
Auditor
Piyush Palace Private Limited is audited by PIYUSH PANCHAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH PANCHAL & CO | FY 2018 | 120992W |
Shareholding
The shareholding of Piyush Palace Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Piyush Palace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2014 | 10541745 | Bank of India | ₹25 Lakh | Open | |
| 14 Jun 2012 | 10364660 | Bank of India | ₹14 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Piyush Palace Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piyush Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piyush Palace Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Piyush Palace Private Limited, buy the company report.
GST
Piyush Palace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP2488C1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piyush Palace Private Limited, buy the company report.
Recent activity
Piyush Palace Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Kulinchandra Patel was appointed as Director on 16 May 2007.
Frequently asked questions
Piyush Palace is an active private limited company based in Ahmedabad, Gujarat, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 14 May 2007 (19+ years old) and is registered under CIN U55101GJ2007PTC050826.
Piyush Palace has 3 current directors:
- Kulinchandra Patel - Director
- Piyushkant Jashvantlal Patel - Director
- Bhupendrakumar Shankerlal Prajapati - Director
The latest financial statements of Piyush Palace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Piyush Palace is 24AAECP2488C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Piyush Palace is U55101GJ2007PTC050826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piyush Palace was incorporated on 14 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kulinchandra Patel was appointed as Director on 16 May 2007. Bhupendrakumar Shankerlal Prajapati was appointed as Director on 14 May 2007. Piyushkant Jashvantlal Patel was appointed as Director on 14 May 2007.
Piyush Palace can be reached through the website piyushpalace.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Piyush Palace is at 304 – 305 Kalash Part – II Near Jain Temple BH Navrangpura Post Office Navrangpura, Ahmedabad, Gujarat, India – 380009.
Piyush Palace operates in the travel and hospitality industry, in the hotel and accommodation services segment.
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